[esp260]

I am having trouble finding the answers to the questions I have about my lease situation. Specifically, should I be charged taxes on my monthly payments?

To give a bit of a background, I recently moved to New Hampshire from Massachusetts. I timed my order for my car so that by the time the car arrives, I will have already moved to New Hampshire. My question is, since I purchased the car in Massachusetts, but had it registered to New Hampshire and even took delivery in New Hampshire (dealer delivered it) should I be charged a monthly tax for my lease?

Originally, I was under the assumption that I wouldn't have to pay this tax is I registered it in New Hampshire.

[pmacd55]

No, if you register it in New Hampshire there are no taxes (sales, excise) that should be added to your lease payment. You will pay a registration FEE when you register the vehicle at your local town hall or DMV office but this is never a part of the lease or financing, its paid in full for the year when you get your permanent plates.

[BLK235iNJ]

Where you issued a temp plate in Mass?

[esp260]

Originally Posted by BLK235iNJ

Where you issued a temp plate in Mass?

No temp plate was issued. When my car arrived, they had one of their workers deliver my car to the town hall in New Hampshire.

[esp260]

Originally Posted by pmacd55

No, if you register it in New Hampshire there are no taxes (sales, excise) that should be added to your lease payment. You will pay a registration FEE when you register the vehicle at your local town hall or DMV office but this is never a part of the lease or financing, its paid in full for the year when you get your permanent plates.

So if I was quoted $460 a month then registered the car in New Hampshire, should the payment go down since the tax is taken out?

[ralawren]

There should be a breakout on your contract/lease agreement. The taxes should be easy to separate from the BMW payment.